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1851: Willamette Stone sited, became the basis for property lines throughout Oregon and Washington. 1862: Homestead Act (in effect till 1976, and 1986 in Alaska) October 27, 1868: Corvallis College (now Oregon State University) was designated Oregon's first and only Land Grant College under the federal Morrill Land-Grant Colleges Act.
In the United States, the purchase of rural land or raw acreage is generally for investment purposes, although some buyers intend to build a home and reside there. Often without standard utility services provided by a metropolitan municipality readily available, individuals have the responsibility to install methods of achieving a regulated standard of living.
The Oregon Supreme Court closed its litigation in 1987, leaving Rajneeshpuram vacant, bankrupt, but legal within Oregon law. [33] [34] In 1985, the ranch was listed for sale at over $28M, but was ultimately sold in 1988 at a sheriff's auction for $4.5M to Connecticut General Life Insurance Company, the sole bidder. [35] [36] [37]
Upon Oregon's admission to the union, the federal government ceded to the state two sections of each township to generate revenues for a Common School Fund, a trust fund for support and maintenance of public schools. 500,000 acres (2,000 km 2) had previously been allowed to Oregon by an 1841 act of Congress, and 5% of all proceeds from the sale ...
In 1916, Congress passed the Chamberlain–Ferris Act, which revested the remaining 2,800,000 acres of land to the United States government, and compensated the railroad at $2.50 per acre from an account, the Oregon and California land grant fund, funded by timber sales from the land. Oregon counties affected by the revestiture of land were ...
Oregon (/ ˈ ɒr ɪ ɡ ən,-ɡ ɒ n / ⓘ ORR-ih-ghən, -gon) [7] [8] is a state in the Pacific Northwest region of the United States. It is a part of the Western U.S., with the Columbia River delineating much of Oregon's northern boundary with Washington, while the Snake River delineates much of its eastern boundary with Idaho.
In 1909, the Oregon Valley Land Company conducted a week-long auction to dispose of land grants acquired from the construction of the Oregon Central Military Wagon Road in 1865 and 1869. The auction was advertised nationwide. The rural parcels also included a separate town lot in Lakeview.
In the 1980s, hard times hit Oregon's main resource sectors: timber, fishing, and agriculture. Efforts by the state government to diversify the state economy led to the growth of Oregon's high tech sector, based in the three counties surrounding Portland, Oregon, but rural counties were left out. The tech bust of the early 2000s caused Oregon ...
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